zlacker

I wonder if there was ever any instance when regulating something has brought in more of that thing. Anybody has an example?

>>nickpp+(OP)
Driving cars is regulated now. We have more than ever.

>>nickpp+(OP)
Street markets also known as bazaars.

Restaurants, food trucks, consumer electronics, medical devices, clothing, products chain delivery,...

>>nickpp+(OP)
Financial markets/stock markets are pretty regulated. From what I hear there is quite a bit of stocks being traded. Trading even seems to increase over the years.

>>pjmlp+t3
> bazaars

Here in Eastern Europe we are having fewer and fewer of those during the last 30 years. My favorite cheese maker closed her small shop and started selling direct from home since local authorities started demanding test and workshop inspections (bribes really). She's planning to switch to selling the milk directly to one of those big name supermarket diary processors soon. Less money but fewer headaches.

>>Msurro+q4
> Financial markets

There is only one of those in my whole country. Not much competition there if I'd ever want to do an IPO.

>>nickpp+v5
I have an impression that regulations related to that kind of stuff usually have exemptions for those exact cases -- small operators, direct to customer or self-consumed produce, etc, etc. As a fellow enjoyer of bribe-infested jurisdictions I get the point zo. In my country the balance between more regulation/less bribability tends to tip towards less bribability for those exact reasons.

>>Msurro+q4
All that regulation sure made a lot of stock exchanges pop up...

>>nickpp+v5
Given that around me, they keep going, how much of it is caused by regulations, and how much of it is caused by major supermarket chains being deployed all over the place?

Around me, meaning DACH countries, Iberian Penisula and some Mediterranean countries.

>>Msurro+q4
IPOs are way way down since Sarbanes Oxley.

https://www.jstor.org/stable/43303857

>>nickpp+(OP)
The gloablized world and the abundance it has is driven by laws and regulations.

Even the fact that you have abundant clean water and good food that you can enjoy in your electrified and heated house and you can order an overnight delivery for hundreds of things that will just fit and/or work in your house is the direct result of thousands of regulations.

>>pjmlp+TM
They're connected, of course: regulation favours incumbents, big players who can afford the cost and headache of compliance. Small players and startups are slowly pushed out, they never grow to become strong, competition thins out and then people complain and wonder where are the little guys and ask for more regulation against the big hypermarkets to solve the problem regulation created in the first place.

The mind boggles.

>>troupo+9X
I thought it was the direct result of millions of entrepreneurs and businesses willing to put up with onerous regulation to still offer me all those goods and services I enjoy.

By definition regulation adds restrictions and obligations making their life a little (or a lot) harder and closing down the ones who'd rather focus on making stuff than deal with bureaucratic rules.

Still waiting for an example of a regulation which directly resulted in more of the thing it regulated.